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20120916
20120916
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WUSA (CBS) 1
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and how sweden's top company plans to grow in the united states. britain's's pan european disclosed discussing a union to create a 93 billion dollar titan that would be the world's largest aerospace and defense company. deal if approved by global regulators would join europe's leading military and aerospace contractors into a new giant that builds commercial cargo fighter trainer aircraft helicopters and rockets and saturdayel lights missiles and radars and other sophisticated electronics communication systems and security products. the companys proprosed the -- proposed complex ownership ada holding 68% and bae40%. to alie security concerns executives have promised to operate bae's vast operation independently of the new parent. what does the deal mean globally what's next and what will government regulators be focusing on. join us is stev. grundman who analyzes and reviewed defense mergers and acquisition at the pentagon during the clinton administration and he advices defense and aerospace companies worldwide and has absolutely no stake in this particular transaction. >> no. righ
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